WINGS FLIGHTS OF HOPE INC
Mission Statement
Mission Statement Wings Flight...."giving people HOPE one flight at a time" Wings Flights of Hope Inc. is a 501 (c)3 non-profit organization which offers FREE air transportation to any person, any age, in need of medical attention. Wings Flights of Hope volunteer pilots donate their time. Wings offers FREE medical flights for passengers in need of treatments, surgery, check-ups, transplants, etc., Wings volunteer pilots are available 24-7 for transplant calls, when every minute counts. Wings Flights of Hope is a proud supporter of our military and offers Wings for Our Troops. Wings for our Troops will fly any military personnel for medical treatment free of charge. Wings also offers "Compassion Flights" for family members of injured military personnel and civilian medical patients. These Compassion Flights are offered Free of charge so family members can visit sick or injured family members. "FREE air transportation for medical purposes by volunteer pilots"
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
60.1% | 93.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.8% | 4.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
126.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.8 mo | 29.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
83.4% | 2.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 87.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
22.1% | 7.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-14.7% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
31.0% | 7.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $822K | $567K | $83K | 60.1% | 0 |
| 2023 | $673K | $665K | $-171,754 | 70.9% | 0 |
| 2022 | $597K | $611K | $-179,834 | 76.7% | 0 |
| 2021 | $1.3M | $612K | N/A | — | 0 |
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